Comparison between MSTC IPO and Rail Vikas Nigam IPO.
MSTC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rail Vikas Nigam IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of MSTC IPO is up to ₹211.04 Cr whereas the issue size of the Rail Vikas Nigam IPO is up to ₹476.86 Cr. The final issue price of MSTC IPO is ₹120.00 per share and of Rail Vikas Nigam IPO is ₹19.00 per share.
| MSTC IPO | Rail Vikas Nigam IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹120.00 per share | ₹17.00 per share |
| Issue Price (Upper) | ₹128.00 per share | ₹19.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹19.00 per share |
| Discount (Retail) | ₹5.50 per share | ₹0.50 per share |
| Discount (Employee) | ₹5.50 per share | ₹0.50 per share |
| Market Lot Size | 90 shares | 780 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,76,70,400 shares | 25,34,57,280 shares |
| OFS Issue Size (Amount) | up to ₹211.04 Cr | up to ₹476.86 Cr |
| Issue Size Total | 1,76,70,400 shares | 25,34,57,280 shares |
| Issue Size Total (Amount) | up to ₹211.04 Cr | up to ₹476.86 Cr |
MSTC IPO opens on Mar 13, 2019, while Rail Vikas Nigam IPO opens on Mar 29, 2019. The closing date of MSTC IPO and Rail Vikas Nigam IPO is Mar 20, 2019, and Apr 03, 2019, respectively.
| MSTC IPO | Rail Vikas Nigam IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 13, 2019 | Mar 29, 2019 |
| Issue Close | Mar 20, 2019 | Apr 03, 2019 |
| Basis Of Allotment (Tentative) | Mar 25, 2019 | Apr 08, 2019 |
| Initiation of Refunds (Tentative) | Mar 26, 2019 | Apr 09, 2019 |
| Credit of Share (Tentative) | Mar 28, 2019 | Apr 09, 2019 |
| Listing date (Tentative) | Mar 29, 2019 | Apr 11, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
MSTC IPO P/E ratio is , as compared to Rail Vikas Nigam IPO P/E ratio of .
| MSTC IPO | Rail Vikas Nigam IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 89.85 | |||||
| Promoter Shareholding (Post-Issue) | 64.75 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹844.80 Cr. | ₹3961.54 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the MSTC IPO Retail Individual Investors (RII) are offered 17,60,000 shares while in Rail Vikas Nigam IPO retail investors are offered 17,60,000 shares. Qualified Institutional Buyers (QIB) are offered 1,32,00,000 shares in MSTC IPO and 12,64,00,000 shares in Rail Vikas Nigam IPO.
| MSTC IPO | Rail Vikas Nigam IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 1,32,00,000 shares | 12,64,00,000 shares |
| NII | 26,40,000 shares | 3,79,20,000 shares |
| RII | 17,60,000 shares | 8,84,80,000 shares |
| Employee | 70,400 shares | 6,57,280 shares |
| Others | ||
| Total | 1,76,70,400 shares | 25,34,57,280 shares |
MSTC IPO subscribed 1.46x in total, whereas Rail Vikas Nigam IPO subscribed 1.82x.
| MSTC IPO | Rail Vikas Nigam IPO | |
|---|---|---|
| QIB (times) | 1.13x | 1.36x |
| NII (times) | 2.15x | 0.80x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.95x | 2.92x |
| Employee (times) | 1.54x | 2.11x |
| Other (times) | ||
| Total (times) | 1.46x | 1.82x |
